China Squid Market Update : Apr 9, 2019
Illex Argentinus catching ended earlier than expected this season largely due to bad weather (normally Illex Argentinus catching season should be December to May ). Seafood suppliers are saying that catching by Chinese fishing vessels dropped by up to 60%. Illex Argentinus raw material prices today are up by 25% compared with same period last year. According to frozen seafood exporters, this shortage has pushed prices up for other squid species such as Todarodes Pacificus, Dosidicus Gigas and Nototodarus Sloannii. All up by 15-25%.